Midland Development Corporation Board of Directors will meet May 1.
Here is the agenda provided by the board:
NOTICE OF PUBLIC MEETING
In accordance with Chapter 551, Texas Government Code, as amended, notice is hereby given to the public that the Board of Directors of the Midland Development Corporation will meet in regular session, open to the public, in the Midland Chamber of Commerce board room, 303 West Wall Street, Suite 200, Midland, Texas, at 10:00 a.m. on May 1, 2023. A quorum of the Board of Directors of the Midland Development Corporation intends to be physically present at the aforementioned location.
Videoconference Information
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At such meeting, the Board of Directors may discuss, consider, and take action on any of the following items:
1. Call meeting to order.
2. Motion approving the minutes of the March 27, 2023, meeting of the Midland Development Corporation.
3. Motion approving the minutes of the April 3, 2023, meeting of the Midland Development Corporation.
4. Receive and discuss the Independent Auditors' Report and the Basic Financial Statements for the Fiscal Year 2021-2022 presented by Christy Weakland, Director of Finance for the City of Midland.
5. Resolution authorizing the execution of a promotional agreement with Bush Tennis Center, Inc., to advertise and publicize the City of Midland for the purpose of developing new and expanded business enterprises.
6. Resolution approving the execution of an economic development agreement with the City of Midland providing for median additions to be located at the intersection of State Highway 191 and State Highway 158; and authorizing payment therefor.
7. Resolution authorizing the execution of a professional services agreement with Kimley-Horn and Associates, Inc., in the amount of $1,443,050.00 for professional services related the widening and improving of State Highway 158 from Sinclair Avenue to Wadley Avenue, and from Wadley Avenue to Briarwood Avenue; and authorizing payment for said agreement.
8. Resolution authorizing the execution of an amendment to that certain demolition contract with Midwest Wrecking Co. of Texas, Inc.; and authorizing payment for said amendment.
9. Resolution authorizing the execution of a letter agreement with the City of Midland for the demolition and removal of the existing facility and improvements located at 405 North Loraine Street, Midland, Texas.
10. Motion authorizing the Chairman to negotiate and execute an agreement in an amount not to exceed $200,000.00 to provide ground cover for certain real property located on Block 35, Original Town of Midland, an addition to the City of Midland, Midland County, Texas.
11. Presentation on the April 2023 monthly expenses and economic development activity report from the Midland Development Corporation Executive Director and staff.
12. Pursuant to Texas Government Code §551.101, the Board of Directors will hold an Executive Session, which is closed to the public to discuss the following matters as permitted under the following Texas Government Code Sections:
a. Section 551.072 Deliberation Regarding Real Property
i. Discuss the sale, exchange, lease or value of real property described as Lots 5 and 6, Block 35, Original Town of Midland, an addition to the City of Midland, Midland County, Texas.
ii. Discuss the sale, exchange, lease or value of real property described as Lots 1A and 9- 12, Block 35, Original Town of Midland, an addition to the City of Midland, Midland County, Texas.
b. Section 551.087 Deliberation Regarding Economic Development Negotiations
i. Discuss business prospects that the Midland Development Corporation seeks to have, locate, stay, or expand in or near the City of Midland, Texas, and discuss possible incentives, and discuss contract compliance on the part of businesses.
https://www.midlandtexas.gov/967/PrimeGov-Meetings